Parallel Advisors LLC Purchases 14,293 Shares of iShares Silver Trust $SLV

Parallel Advisors LLC boosted its position in iShares Silver Trust (NYSEARCA:SLV) by 148.8% during the 1st quarter, according to its most recent Form 13F filing with the SEC. The fund owned 23,896 shares of the exchange traded fund’s stock after purchasing an additional 14,293 shares during the period. Parallel Advisors LLC’s holdings in iShares Silver Trust were worth $1,628,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in the company. TBH Global Asset Management LLC lifted its stake in shares of iShares Silver Trust by 1.5% in the 4th quarter. TBH Global Asset Management LLC now owns 6,820 shares of the exchange traded fund’s stock worth $439,000 after purchasing an additional 104 shares during the period. Westside Investment Management Inc. grew its position in iShares Silver Trust by 23.4% during the fourth quarter. Westside Investment Management Inc. now owns 686 shares of the exchange traded fund’s stock valued at $44,000 after buying an additional 130 shares during the period. JNBA Financial Advisors increased its holdings in iShares Silver Trust by 1.2% during the fourth quarter. JNBA Financial Advisors now owns 10,737 shares of the exchange traded fund’s stock valued at $692,000 after buying an additional 132 shares during the last quarter. SouthState Bank Corp increased its holdings in iShares Silver Trust by 29.6% during the fourth quarter. SouthState Bank Corp now owns 648 shares of the exchange traded fund’s stock valued at $42,000 after buying an additional 148 shares during the last quarter. Finally, Swisher Financial Concepts Inc. increased its holdings in iShares Silver Trust by 0.8% during the first quarter. Swisher Financial Concepts Inc. now owns 17,731 shares of the exchange traded fund’s stock valued at $1,208,000 after buying an additional 148 shares during the last quarter.

iShares Silver Trust Trading Up 1.6%

SLV opened at $53.92 on Thursday. The firm’s 50 day simple moving average is $59.95 and its two-hundred day simple moving average is $69.07. The company has a market capitalization of $28.80 billion, a PE ratio of -8.51 and a beta of 0.49. iShares Silver Trust has a 1-year low of $33.10 and a 1-year high of $109.83.

About iShares Silver Trust

iShares Silver Trust (the Trust) owns silver transferred to the Trust in exchange for shares issued by the Trust. The Trust’s each share represents a fractional undivided beneficial interest in its net assets. The assets of the Trust consist of silver held by the Trust’s custodian on behalf of the Trust. The activities of the Trust are limited to issuing baskets of shares in exchange for the silver deposited with the custodian as consideration, selling silver as necessary to cover the sponsor’s fee, Trust expenses not assumed by the sponsor and other liabilities, and delivering silver in exchange for baskets of shares surrendered for redemption.